Military loans are an interesting segment of the lending industry. Although lenders may not design loans specifically for military personnel or veterans, special programs and rules exist to ensure ...

The Army’s loan repayment system works by calculating annual payments against a soldier’s outstanding student loans, up to a program maximum, according to Minitrez.

Financing a car purchase can be costly. However, if you're a military member who's in the market for a car loan, you may be able to secure lower interest rates and other benefits thanks to your ...

Federal law (34 CFR 674.59) says that service in a location that qualifies a military member for hostile-fire or imminent-danger pay can qualify for up to 50 percent of their loan being canceled ...

Army: Active-duty Army members are eligible for up to $65,000 in student loan repayment assistance. You must agree to enlist for at least three years. After your first year of service, the Army ...

Army Active Duty 1. Loan Repayment Program: Army Active Duty. Highly qualified applicants entering the U.S. Army may be eligible for substantial student loan forgiveness if certain conditions are met.

The Army will repay 33 1/3 percent of the outstanding principal balance, less taxes of the Soldier's student loans annually or $1,500, whichever is greater, after each year of service (up to ...

The Army National Guard has “temporarily suspended” payments to soldiers eligible for student loan repayment incentives, according to a National Guard Bureau spokesperson.

If you have any further questions regarding the legality of military payday loans please consult the Legal Assistance Office. For appointments call Paralegal Venita Gatheright at (309) 782-1443.

Thomas McGregor couldn't get a job when he graduated from law school in 2008. He passed the bar but struggled to make $1,200 monthly payments on $108,000 in student loans. So, he enlisted in the Army.

Military service members and veterans may qualify for loan repayment plans that could lead to partial or total forgiveness of their student loans. The forgiveness value differs greatly depending ...